Levanta Renewables has awarded an engineering, procurement, and construction (EPC) contract to China Energy Engineering Group (CEEC) for a 166-megawatt-peak (MWp) solar farm paired with an 80-megawatt-hour (MWh) battery energy storage system (BESS) in the Visayas, marking a new utility-scale hybrid project in the Philippines’ pipeline.
Global energy firm TotalEnergies and Abu Dhabi-based clean energy developer Masdar (Abu Dhabi Future Energy Company) have formed a USD 2.2-billion joint venture (JV) to consolidate and scale renewable energy assets across Asia, including existing and planned investments in the Philippines.
Maharlika Investment Corporation (MIC) is recalibrating its investment strategy to focus more heavily on fuel storage, grid infrastructure, and broader energy security assets following recent global oil supply disruptions, its president and CEO Rafael Consing said.
Citicore Renewable Energy Corporation (CREC) secured multiple recognitions at the FinanceAsia Asia’s Best Companies Poll 2026, highlighting investor confidence as the company accelerates its renewable energy expansion in the Philippines.
Electricity rates increased this April as the Manila Electric Company (Meralco) implemented a price increase attributed to higher generation costs linked to peso depreciation.
The Energy Regulatory Commission (ERC) has set a fixed price of P6,000 per megawatt-hour (MWh), or P6 per kilowatt-hour (kWh), for coal-fired power generation after suspending operations of the Wholesale Electricity Spot Market (WESM) to help stabilize power prices amid the Middle East crisis.
THE ENERGY Regulatory Commission (ERC) is accelerating its decision-making process involving critical power deals meant to augment the country’s supply and stabilize electricity prices following a declaration of a national energy emergency due to Middle East conflict-driven fuel disruptions.
As Congress convenes a rare joint House and Senate hearing on the country’s ongoing energy concerns, energy policy expert Atty. Jay Layug, executive board member of the Philippine Energy Research and Policy Institute (PERPI), is urging lawmakers to look beyond immediate oil price spikes and confront a deeper structural issue: the Philippines’ continued dependence on…
The Energy Regulatory Commission (ERC) on Thursday clarified earlier rulings on how the units of San Miguel Global Power Holdings Corp. can recover approximately P29.21 billion in fuel costs and losses they incurred from 2022 to 2023 from the Manila Electric Co. (Meralco).
Electricity consumers across Luzon, the Visayas, and Mindanao should brace for higher bills this month due to an increase in spot market prices resulting from lower supply seen last month.